Auto Warranty Companies Fight For Your Business

auto warranty - The realm of auto warranty companies is a fiercely competitive one. There are a limited number of cars on the road - granted, there are millions of them, and every one of them, at one point or still, has or experienced a warranty - though with the great number of companies fighting for your business of those drivers, this means that each car owner is definitely the target of some very hungry sales reps.

This can be quite a daunting position to be in for any car owner. Regardless if you are investing in a new car coming from a dealership, or purchasing a used car, you will see people trying to sell you their warranty services.

In the dealership, you could run into a pushy sales representative who will try everything they are able to to get you to sign on to have an extended warranty whenever you make your initial purchase. You will find benefits to buying at that time, including having the costs of the warranty rolled up into the financing for your car, and knowing that your dealership will continue to be the place to have any repairs or replacements done. However, these comforts could end up costing you hundreds or thousands of dollars over time. Sales representatives make very large commissions on warranties, so they're eager to get you to sign up for one. If you sought out your own quotes from third-party extended warranty providers, but the price that is rolled into the financing will likely be a lot higher than it would. Granted, you should pay more up-front with those third-party companies, as opposed to adding a little number to your monthly car payment bills. But it could very well save a little money.

But as not all car sales representative is out to rip you off, its not all third-party providers are excellent guys, either. The conditions and terms of the warranties they offer, although there are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors. Don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road, if a company won't let you review the warranty before you buy. Auto warranty companies will fight to achieve you being a client, so use that to your benefit. Compare prices, look at each of the relation to the warranties offered, and tell the companies you speak with “hey, make me the best offer.” If they can't, someone else will.